Example ContractsClausesTermination
Termination
Termination contract clause examples

Termination. The Plan and all rights of Employees under the Plan will terminate: # on the Purchase Date on which Participants become entitled to purchase a number of Shares greater than the number of reserved Shares remaining available for purchase as set forth in Article XII, or # at any date at the discretion of the Committee. In the event the Plan terminates under circumstances described in (a), above, reserved Shares remaining as of the Termination Date will be made available for purchase by Participants on the Purchase Date on a pro rata basis based on the amount credited to each Participant’s Account. Upon termination of the Plan, each Participant will receive the remaining balance in the Participant’s Account.

Termination. “Termination” means an event by which your then current employment relationship with the Company and all subsidiaries has ended, regardless of whether you are subsequently hired into a new position (including without limitation a position as a consultant), provided that, with respect to any payment hereunder which is deemed to be a non-excluded deferral of compensation under Treasury Regulation § 1.409A-1(b), a Termination will occur only at the time at which you have had a “separation from service” within the meaning of Treasury Regulation § 1.409A-1(h).

This Agreement and the Executive’s employment hereunder shall terminate upon the happening of any of the following events:

Termination. Except as may otherwise be provided by the Administrator either in the Award Certificate or, subject to Section 16 below, in writing after the Award is issued, a grantee’s right in all Restricted Stock Units that have not vested shall automatically terminate upon the grantee’s termination of employment (or cessation of Service Relationship) with the Company and its Subsidiaries for any reason.

Termination. Except as may otherwise be provided by the Administrator either in the Award Certificate or, subject to Section 16 below, in writing after the Award is issued, a grantee’s rights in all Dividend Equivalent Rights shall automatically terminate upon the grantee’s termination of employment (or cessation of Service Relationship) with the Company and its Subsidiaries for any reason.

Termination. This Agreement may be terminated

Termination. The Registration Rights set forth in this Article 2 shall terminate and cease to be available as to any securities held by a Holder at such time as such Holder (after owning) first ceases to own any Registrable Securities.

Termination. Either party may terminate this Agreement for any reason upon prior written notice to the other, such termination to become effective thirty (30) days from the date of the notice; provided, that this Agreement may be terminated as a result of a breach by either party of its obligations under this Agreement on thirty (30) days' written notice by the non-breaching party to the breaching party; and provided further, that this Agreement may be terminated on such shorter notice as may be required to comply with applicable laws, regulations, the requirements of any financial institution with an interest in the Aircraft, insurance requirements, in the event the insurance to be provided hereunder is not in full force and effect or the breaching party's acts or omissions violate the terms of such insurance. Notwithstanding any termination of this Agreement, User shall remain responsible for the costs and expenses incurred during the term.

Termination. Purchaser shall have the right to terminate this Contract (except the provisions of [Section 2.03] hereof that specifically survive a termination) for any reason or no reason during the Feasibility Period upon written notice of such termination (“Termination Notice”) to Seller not later than 5:00 PM Central Time on the last day of the Feasibility Period and the Deposit will be returned to Purchaser thereafter and the parties shall have no further obligation to each other, other than those duties and obligations of Purchaser that specifically survive a termination of this Contract as specified in [Section 2.03] hereof. If Purchaser does not serve its Termination Notice Waiver on the Seller prior to expiration of the Feasibility Period, the Contract shall remain in full force and effect and the Earnest Money shall be non-refundable and applicable to the Purchase Price, except in the event of a Seller’s default. Upon termination of this Contract for any reason whatsoever, Purchaser will deliver to Seller all final and non-confidential documentation with respect to the Property acquired by Purchaser in connection with its contemplated purchase and development of the Property, all at no cost to the Seller, and without any representation or warranty as to the completeness or accuracy of the reports or any other matter relating thereto, and Seller shall have no right to rely on any report without the written consent of the party preparing same. Notwithstanding anything to the contrary contained in this Contract, if Purchaser terminates this Contract on or before expiration of the Feasibility Period for any reason other than # the Title Commitment reveals a material adverse condition that Seller will not or cannot remedy, including, without limitation, any covenants, conditions, restrictions or declarations filed in the public real estate records unsatisfactory to Purchaser or # an environmental site assessment reveals a material adverse environmental condition on the Property that Seller will not or cannot remedy, then the $1,450,000.00 of the Deposit shall be returned to Purchaser and $50,000.00 of the Deposit shall be transferred to Seller.

Termination. This Agreement and the Proxy delivered in connection herewith shall terminate automatically and shall have no further force or effect as of the Expiration Time.

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